Total Wealth Planning & Management Inc. Buys New Shares in CF Industries Holdings, Inc. (NYSE:CF)

Total Wealth Planning & Management Inc. purchased a new stake in shares of CF Industries Holdings, Inc. (NYSE:CF - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 4,890 shares of the basic materials company's stock, valued at approximately $417,000.

Several other large investors also recently modified their holdings of CF. Korea Investment CORP boosted its holdings in shares of CF Industries by 88.5% in the 4th quarter. Korea Investment CORP now owns 150,374 shares of the basic materials company's stock worth $12,830,000 after acquiring an additional 70,585 shares in the last quarter. National Pension Service lifted its stake in shares of CF Industries by 2,848.4% in the 4th quarter. National Pension Service now owns 290,384 shares of the basic materials company's stock valued at $24,776,000 after purchasing an additional 280,535 shares during the period. SBI Securities Co. Ltd. acquired a new position in shares of CF Industries in the 4th quarter valued at $51,000. Charles Schwab Investment Management Inc. lifted its stake in shares of CF Industries by 4.0% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 5,792,339 shares of the basic materials company's stock valued at $494,202,000 after purchasing an additional 225,109 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. lifted its stake in shares of CF Industries by 14.4% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 171,807 shares of the basic materials company's stock valued at $14,543,000 after purchasing an additional 21,632 shares during the period. 93.06% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several brokerages recently commented on CF. Scotiabank raised CF Industries from a "sector underperform" rating to a "sector perform" rating and set a $81.00 price objective on the stock in a research note on Wednesday, April 9th. UBS Group raised their price objective on CF Industries from $79.00 to $82.00 and gave the stock a "neutral" rating in a research note on Thursday, May 8th. Bank of America raised CF Industries from an "underperform" rating to a "neutral" rating and set a $84.00 price objective on the stock in a research note on Monday, February 24th. Royal Bank of Canada dropped their price objective on CF Industries from $100.00 to $90.00 and set a "sector perform" rating on the stock in a research note on Tuesday, February 25th. Finally, Barclays increased their target price on CF Industries from $87.00 to $91.00 and gave the stock an "equal weight" rating in a report on Wednesday, May 14th. One research analyst has rated the stock with a sell rating, ten have given a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Hold" and an average price target of $90.21.

CF Industries Stock Performance

NYSE:CF traded up $0.58 during mid-day trading on Friday, hitting $90.69. The stock had a trading volume of 3,356,025 shares, compared to its average volume of 2,145,955. CF Industries Holdings, Inc. has a twelve month low of $67.34 and a twelve month high of $98.25. The stock has a market cap of $15.38 billion, a price-to-earnings ratio of 13.40, a PEG ratio of 0.37 and a beta of 0.94. The company's 50 day simple moving average is $79.95 and its 200 day simple moving average is $83.72. The company has a debt-to-equity ratio of 0.39, a quick ratio of 2.52 and a current ratio of 3.08.

CF Industries (NYSE:CF - Get Free Report) last issued its quarterly earnings data on Wednesday, May 7th. The basic materials company reported $1.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.47 by $0.38. The firm had revenue of $1.66 billion during the quarter, compared to the consensus estimate of $1.53 billion. CF Industries had a net margin of 20.52% and a return on equity of 15.50%. The business's revenue for the quarter was up 13.1% compared to the same quarter last year. During the same period last year, the business posted $1.03 earnings per share. On average, equities research analysts forecast that CF Industries Holdings, Inc. will post 5.83 earnings per share for the current year.

CF Industries Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 30th. Investors of record on Thursday, May 15th were paid a $0.50 dividend. The ex-dividend date was Thursday, May 15th. This represents a $2.00 dividend on an annualized basis and a yield of 2.21%. CF Industries's dividend payout ratio (DPR) is 26.35%.

CF Industries announced that its board has authorized a share repurchase program on Wednesday, May 7th that authorizes the company to buyback $2.00 billion in outstanding shares. This buyback authorization authorizes the basic materials company to buy up to 14.7% of its shares through open market purchases. Shares buyback programs are typically an indication that the company's board believes its stock is undervalued.

About CF Industries

CF Industries Holdings, Inc, together with its subsidiaries, engages in the manufacture and sale of hydrogen and nitrogen products for energy, fertilizer, emissions abatement, and other industrial activities in North America, Europe, and internationally. It operates through Ammonia, Granular Urea, UAN, AN, and Other segments.